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Stock-Based Compensation (Tables)
3 Months Ended
Apr. 30, 2013
Stock-Based Compensation [Abstract]  
Summary of option activity

The following table sets forth a summary of stock option activity:

 

                                                 
    Options
Available for
Grant
    Number of
Options
Outstanding
    Weighted
Average
Exercise Price
(Per share)
    Weighted
Average
Grant Date
Fair Value
(Per share)
    Weighted
Average
Remaining
Contractual Term
(In years)
    Aggregate
Intrinsic
Value

(In  thousands)
 

Balances as of January 31, 2013

    4,112,156       7,799,011     $ 3.02               5.75     $ 1,091  

Granted

    (3,055,000     3,055,000       2.50     $ 0.84                  

Exercised

    —         (13,167     1.25                     $ 16  

Expired (1)

    —         (115,516     —                            

Cancelled

    1,585,191       (1,585,191     3.11                          

Restricted stock units granted, net of cancellations (2)

    (2,187,100     —         —                            
   

 

 

   

 

 

                                 

Balances as of April 30, 2013

    455,247       9,140,137     $ 2.85               7.13     $ 930  
   

 

 

   

 

 

                                 
             

As of April 30, 2013:

                                               

Vested and expected to vest

            8,701,743     $ 2.85               7.07     $ 930  

Vested and exercisable

            3,176,656     $ 2.69               5.07     $ 930  

 

(1) Represents cancelled options which are not returned to the available-for-grant stock option pool.
(2) RSUs are granted from the available-for-grant stock option pool. In the three months ended April 30, 2013, a total of 2.2 million units were granted with no units cancelled and returned to the available-for-grant stock option pool.
Summary of Restricted Stock Units activity

The following table sets forth a summary of RSU activity:

 

                                 
    Shares     Weighted
Average
Grant Date
Fair Value
    Weighted
Average
Remaining
Contractual Term

(In years)
    Aggregate
Intrinsic
Value

(In  thousands)
 

Balances as of January 31, 2013

    445,000     $ 3.42       1.71     $ 1,113  

Granted

    2,187,100       2.50                  

Vested

    (100,000     3.08                  

Cancelled

    —         —                    
   

 

 

                         

Balances as of April 30, 2013

    2,532,100     $ 2.64       2.76     $ 6,330  
         

As of April 30, 2013:

                               

Vested and expected-to-vest RSUs

    2,198,215               2.75     $ 5,496  
Schedule of Stock-based compensation expense

Stock-based compensation expense for the three months ended April 30, 2013 and 2012 is categorized as follows (in thousands):

 

                 
    Three Months Ended April 30,  
  2013     2012  

Cost of revenue - maintenance

  $ 16     $ 16  

Cost of revenue - professional services

    (28     9  

Sales and marketing

    173       137  

Research and development

    107       64  

General and administrative

    239       258  
   

 

 

   

 

 

 

Total stock-based compensation expense

    507       484  

Income tax benefit

    (193     (188
   

 

 

   

 

 

 

Total stock-based compensation expense, net of tax

  $ 314     $ 296